According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.67% per year. Prices in 2017 are 12.3% higher than prices in 2010.
In other words, $100 in the year 2010 is equivalent in purchasing power to $112.26 in 2017, a difference of $12.26 over 7 years.
The inflation rate in 2017 was 1.99%.
|Cumulative price change||12.26%|
|Average inflation rate||1.67%|
|Price difference ($100 base)||$12.26|
|CPI in 2010||218.056|
|CPI in 2017||244.786|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.
You may use the following MLA citation for this page: “$100 in 2010 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/2010-dollars-in-2017?amount=100.